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Alphabet’s stock dips because advertising was good, but not good enough

Por: MarketWatch Politics January 30, 2024

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Total revenue was $86.3 billion, up 13% from $76 billion a year ago. Sales minus total acquisition costs (TAC) came in at $72.3 billion, compared with $63.1 billion a year ago. Alphabet fourth-quarter net income of $20.7 billion, or $1.64 a share, compared with net income of $13.6 billion, or $1.05 a share, in the year-ago quarter. “We are pleased with the ongoing strength in Search and the growing contribution from YouTube and Cloud. Each of... + full article



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